THE GAME – Around 4 p.m. on March 21, around 50 journalists impatiently await Abdellatif’s traditional press conference. Joahri. Unanimously respected, the Governor of the Central Bank (Bank al-Maghrib, BAM) has a rare but precious voice, as his outspokenness, his small sentences and his uncompromising analyzes of the economic situation of the kingdom contrast with the ambient political climate. , usually devoid of relief.
The event is all the more eagerly awaited what the board of BAM had just announced a hike in the key rate – the third in six months – by 50 basis points to bring it to 3% in an attempt to curb inflation, to 10.1% last February, unheard of since the years 1980.
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Abdellatif Jouahri: “We are more vulnerable than we think”